Removal from the Sainsbury's Bank and other lender panels: Why they do it and how to get reinstated

  • Significant delays in registering security on behalf of Sainsbury's Bank Delays or failure to register the Sainsbury's Bank charge may result in referral to external lawyers of Sainsbury's Bank to complete outstanding requirements.
  • Breaches of Sainsbury's Bank conveyancing panel requirements
  • Persistent non-compliance with post completion requirements on behalf of Sainsbury's Bank
  • Failure to reapply to be on the Sainsbury's Bank convincing panel
  • Non-compliance with the Sainsbury's Bank panel terms, the written instructions that Sainsbury's Bank give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Sainsbury's Bank may subsequently subscribe.

How can we assist? Sainsbury's Bank panel reinstatement questions

  • Can this firm act for Sainsbury's Bank while the appeal for reinstatement on the Sainsbury's Bank panel is being progressed? How do I know if our reinstatement appeal to the Sainsbury's Bank panel is accepted?
  • What times frames are involved when applying to be reinstated onto the Sainsbury's Bank conveyancing panel?
  • What happens if our Sainsbury's Bank panel reinstatement application is rejected and the client of the firm has a mortgage application with the Sainsbury's Bank?
  • Is there a limit to the amount of occasions my practice can submit applications to get back on the Sainsbury's Bank conveyancing panel?
  • Is there a charge to be reinstated onto the Sainsbury's Bank conveyancing panel?

Top Tip: The best way to avoid the hassle of seeking Sainsbury's Bank panel reinstatement is to ensure that your firm is not removed off of the Sainsbury's Bank conveyancing panel in the first place.

Note: Subject to certain conditions Lexsure’s experts or consultants can assist in providing you with guidance for reinstatement onto the Sainsbury's Bank conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Sainsbury's Bank directly or via their appointed panel manager. Any reinstatement application will have to be made by your firm. For the avoidance of doubt, Lexsure (or the Conveycentric Team) are in no way involved in managing the Sainsbury's Bank conveyancing panel.

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